Accepted for publication by Indiana Univ. Math. J. Available on the arXiv. This is a joint work with Dan Nicks.

The Fatou-Julia iteration theory of rational and transcendental entire functions has recently been extended to quasiregular maps in more than two real dimensions. Our goal in this paper is similar; we extend the iteration theory of analytic self-maps of the *punctured plane* to quasiregular self-maps of *punctured space*.

We define the Julia set as the set of points for which the complement of the forward orbit of any neighbourhood of the point is a finite set. We show that the Julia set is non-empty, and shares many properties with the classical Julia set of an analytic function. These properties are stronger than those known to hold for the Julia set of a general quasiregular map of space.

We define the quasi-Fatou set as the complement of the Julia set, and generalise a result of Baker concerning the topological properties of the components of this set. A key tool in the proof of these results is a version of the fast escaping set. We generalise various results of Marti-Pete concerning this set, for example showing that the Julia set is equal to the boundary of the fast escaping set.

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